Re: Football League Thread - DERBY :FP:
Posted: Wed Jan 22, 2020 10:20 am
That's an interesting read. Not sure how Derby can account for a player having a value to them at the end of their contract.
Rex Kramer wrote:That's an interesting read. Not sure how Derby can account for a player having a value to them at the end of their contract.
Tomous wrote:Oblomov Boblomov wrote:Tomous wrote:Oblomov Boblomov wrote:It seems very odd. Unless there is more to it that hasn't yet come out, it appears the EFL signed off on the sale of the ground, with full consideration to the nature of the sale, then 18 months later realised that actually it doesn't like it, so decided to effectively rule against its own agreement...
It’s not just the stadium value though. There’s some very creative accounting going on too with the amortisation charges.
As a former auditor, and someone who has audited football clubs in the past I have no idea how Derby got their auditors to sign off on the accounting policy change made in 2017 for player contracts, let alone the EFL.
The concept of amortisation is entirely new to me, I think... can you give a layman's explanation?
This is a good article on it, in relation to Derby:
http://priceoffootball.com/football-tra ... at-i-want/
Sometimes the reason for an impairment is clear and the decrease in value is understandable (due to long term injury, the fee initially paid was too high or the player is Mario Balotelli).
Tomous wrote:It'll depend what "sign off" from the EFL actually means and how involved they were.
You'd have thought if it's well documented Derby will have a very good legal basis for challenging any decision by the EFL.
Oblomov Boblomov wrote:Anyone else see that Hull goal?
Feels great watching the Saturday football after you've already won 4-0 the day before .
Tomous wrote:Go away Ob Bob.
Oblomov Boblomov wrote:Tomous wrote:Go away Ob Bob.
Great win for Cardiff as well .
Oblomov Boblomov wrote:Any of our Bristol United (g'warn the Gas) fans watch the Derby game earlier in the week? You flukey gits .